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LCH give in to ECX ahead of court action

by Paul Francis-Grey

European Climate Exchange (ECX) will finally get to clear its emission CER contracts through LCH Clearnet after reaching an out of court settlement.Having originally refused to clear the exchange’s contracts LCH Clearnet has backed down and complied with ECX’s wishes with an agreement being settled late on February 21. The agreement was an out of court settlement ahead of...

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